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AIT vs. FTHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AIT and FTHI is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

AIT vs. FTHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Industrial Technologies, Inc. (AIT) and First Trust BuyWrite Income ETF (FTHI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AIT:

0.58

FTHI:

0.49

Sortino Ratio

AIT:

1.13

FTHI:

0.82

Omega Ratio

AIT:

1.14

FTHI:

1.14

Calmar Ratio

AIT:

0.81

FTHI:

0.52

Martin Ratio

AIT:

2.02

FTHI:

2.19

Ulcer Index

AIT:

10.62%

FTHI:

3.78%

Daily Std Dev

AIT:

36.15%

FTHI:

16.07%

Max Drawdown

AIT:

-66.46%

FTHI:

-32.65%

Current Drawdown

AIT:

-15.49%

FTHI:

-4.14%

Returns By Period

In the year-to-date period, AIT achieves a -1.01% return, which is significantly higher than FTHI's -1.48% return. Over the past 10 years, AIT has outperformed FTHI with an annualized return of 20.64%, while FTHI has yielded a comparatively lower 6.97% annualized return.


AIT

YTD

-1.01%

1M

6.71%

6M

-11.13%

1Y

20.72%

5Y*

35.28%

10Y*

20.64%

FTHI

YTD

-1.48%

1M

7.01%

6M

-0.89%

1Y

7.74%

5Y*

11.13%

10Y*

6.97%

*Annualized

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Risk-Adjusted Performance

AIT vs. FTHI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIT
The Risk-Adjusted Performance Rank of AIT is 7272
Overall Rank
The Sharpe Ratio Rank of AIT is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of AIT is 6969
Sortino Ratio Rank
The Omega Ratio Rank of AIT is 6666
Omega Ratio Rank
The Calmar Ratio Rank of AIT is 8080
Calmar Ratio Rank
The Martin Ratio Rank of AIT is 7373
Martin Ratio Rank

FTHI
The Risk-Adjusted Performance Rank of FTHI is 5353
Overall Rank
The Sharpe Ratio Rank of FTHI is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FTHI is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FTHI is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FTHI is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FTHI is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AIT vs. FTHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Industrial Technologies, Inc. (AIT) and First Trust BuyWrite Income ETF (FTHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current AIT Sharpe Ratio is 0.58, which is comparable to the FTHI Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of AIT and FTHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AIT vs. FTHI - Dividend Comparison

AIT's dividend yield for the trailing twelve months is around 0.70%, less than FTHI's 9.16% yield.


TTM20242023202220212020201920182017201620152014
AIT
Applied Industrial Technologies, Inc.
0.70%0.62%0.81%1.08%1.29%1.64%1.86%2.22%1.70%1.89%2.67%2.19%
FTHI
First Trust BuyWrite Income ETF
9.16%8.61%8.50%9.06%4.37%4.76%4.21%4.76%4.00%4.41%4.98%3.96%

Drawdowns

AIT vs. FTHI - Drawdown Comparison

The maximum AIT drawdown since its inception was -66.46%, which is greater than FTHI's maximum drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for AIT and FTHI. For additional features, visit the drawdowns tool.


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Volatility

AIT vs. FTHI - Volatility Comparison

Applied Industrial Technologies, Inc. (AIT) has a higher volatility of 12.84% compared to First Trust BuyWrite Income ETF (FTHI) at 3.79%. This indicates that AIT's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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